Playa Vista Condominium Market Report for May 2010. As I promised I would be timelier this month with the report. Here you go.
The numbers are quite interesting. There were 33 Active listings on the market for the period of May 1, 2010 to May 31, 2010. Pending and Accepting Backup Offers totaled 15. The actual sales were 18.
This is just fantastic, for a small area to have such good volume is quite amazing.
Now I was curious how the days on market fared compared to a year ago. Not surprising you will see that the decrease is staggering.
As you can see there was a 74% drop. This clearly confirms why the sales numbers have increased. Fewer days on the market equal to more sales.
If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.
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